A
source in mergers and acquisitions out of Europe has alerted King World
News that Carlos Slim may be looking to enter the silver market in a
big way. Gold and silver are in big bull markets and this is attracting
the attention of some of the smartest money around the globe. James
Turk commented, “If this deal does happen Eric, this is going to make the silver shorts choke.” Fresnillo has a current market cap of roughly $19 billion.

The European source commented, “This deal has
been floating around for a while, but I think this time it is going to
happen. It’s in his backyard. This is the world’s richest man wanting
to get into silver.”